LONG-TERM INCENTIVE PLAN AND EMPLOYEE RESILIENCE IN FEDERAL UNIVERSITIES IN SOUTH-SOUTH, NIGERIA

AJIE, C.

Department of Business Administration, Faculty of Administration and Management, Rivers State University, Port Harcourt, Nigeria

charity.ajie@ust.edu.ng

Biriowu, C. S.

Department of Business Administration, Faculty of Administration and Management, Rivers State University, Port Harcourt, Nigeria

sbiriowu@yahoo.com

and

Don-Baridam, L. Q.

Department of Business Administration, Faculty of Administration and Management, Rivers State University, Port Harcourt, Nigeria

letam.don-baridam@ust.edu.ng

Abstract

This study examined the relationship between long-term incentive plan and employee resilience in Federal Universities in South South Nigeria. The study employed a cross-sectional survey research design with a population of 4,998 respondents from the seven Federal Universities in the South-South region of Nigeria. The taro yamen formula was used to determine a sample size of 370 participants. Data for the study was collected through a structured questionnaire, and a five-point Likert scale was used to measure the responses from the respondents. Data was analyzed using mean and standard deviations with tables to display the study variables, while inferential statistics such as the Spearman’s rank order correlation statistics technique was used to test the research hypotheses with the aid of the statistical package for social science version 26.0. the findings indicate there is a strong positive correlation between long-term incentive plan and employee agility of non-teaching staff in Federal Universities in South-South, Nigeria with rho=0.863, 0.711 and 0.618 at significant level p=0.00<0.05for employee agility, employee responsiveness, and employee resourcefulness respectively, in the Federal Universities in South-South, Nigeria. The study therefore recommends that the reward and compensation of workers should be designed in such a way that it identifies and effectively addresses their motivational needs through a long-term plan.

Keywords: Employee agility, resourcefulness, responsiveness long-term incentives.


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